Sunday, August 25, 2019

Fuel Oil News

Photo: Ashtead Technology

Portable Emission Analyzer Certified for Marine

A portable analyzer designed for monitoring emissions from ships is now available for sale or rent from Ashtead Technology. “With increasing global efforts to limit ship emissions, and with new regulations to reduce sulphur dioxide emissions coming into force on January 1, 2020, the addition of the Testo 350 MARITIME instrument is perfectly timed,” says Ashtead’s Environmental Sales Manager, Josh Thomas.The Testo 350 MARITIME is the world’s first portable analyzer certified for…

Fairplayer (Photo: Jumbo)

Jumbo's Fairplayer to Test Biofuel Oil

Heavy lift shipping and offshore transportation and installation contractor Jumbo said it has partnered with marine biofuel company GoodFuels in a joint venture initiative to test marine biofuel oil on board a DP2 heavy lift crane vessel during an offshore decommissioning project.The initial project project will see sustainable ‘drop-in’ Bio-Fuel Oil delivered to Jumbo’s offshore vessel Fairplayer ahead of her departure to the North Sea, and will be supplied by GoodFuels’ logistics partner VARO Energy.Wout Janssens…

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HSFO, EGCS Better for Reducing Global GHG

Members of the Clean Shipping Alliance 2020 have welcomed a new addition to the canon of scientific literature relating to exhaust gas cleaning systems (EGCS), the latest of which indicates that continued use of residual fuels with a scrubber can help towards global CO2 reduction.In a study published in June by Norway’s SINTEF, one of Europe’s largest independent research organisations, Chief Scientist Dr Elizabeth Lindstad concluded that from well-to-wake the continued use of…

Photo courtesy of AAL

AAL’s Adoption Of IMO 2020 Mandates

With widespread discussion and reporting about the IMO 2020 ‘Sulphur Cap’ regulation, coming into effect January 1st 2020, we would like to clarify our position and how we plan to move forward over the coming weeks and months to fully prepare ourselves and our customers for this important and long-awaited milestone in our sector’s history. Kyriacos Panayides, Managing Director, AAL, weighs in on the issues:The purpose of the new regulation is to reduce sulphur oxide (SOx) levels produced across the entire shipping industry…

Photo: KR

KR launches KR GEARs for GHG Compliance

The Korean Register (KR) has established a new greenhouse gas (GHG) online data management system KR GEARs (GHG Emission Authentic Reporting System). The new service will help shipowners to comply with GHG regulations (EU MRV, IMO DCS).KR GEARs supports data collection plan development, data transmission, data report creation and can enhance a fleet's operational efficiency management as well as supporting ship operator's fuel oil sulphur management.By uploading the collected…

Image Credit: AdobeStock/ © 14KTGold

Singapore's Ocean Tankers tests IMO-2020 Compliant Fuel

Off the coast of Singapore, the world's largest ship refuelling centre, a bunker barge sidled next to the supertanker Pu Tuo San to fill the giant vessel with a new type of fuel that will meet global standards that start up in January.With a little over five months left until stricter marine fuel rules come into effect, shippers such as Singapore's Ocean Tankers that own the very large crude carrier (VLCC) Pu Tuo San have started testing out lower sulphur fuel to prepare their…

Photo: Robert Allan Ltd.

Port of Luleå 36m Hybrid Icebreaker Tug Delivered

The powerful 36 meter hybrid icebreaker tug Vilja was delivered to her Owner, Port of Luleå, on June 26th, 2019 at Gondan Shipyard in Spain. On July 4th, Vilja arrived in Luleå and the crew was very satisfied with the first sailing experience and tug performance on the journey home. The vessel will soon be used for ice management, firefighting and navigation aids service duties in the Port of Luleå, Sweden and will assist ships and conduct coastal towing in the northern sector of the Gulf of Bothnia.Vilja is a 36 meter TundRA 3600–H, Icebreaking Escort Tug designed by Robert Allan Ltd.

Photo: ICS

ICS: Counting Down to IMO 2020

With six months to go until the implementation of the 'Global Sulphur Cap' the International Chamber of Shipping (ICS) has issued updated guidance to help shipowners comply with new UN International Maritime Organization (IMO) regulations. Taking full effect on January 1, 2020 the legal framework will require merchant ships worldwide to use fuel with a sulphur content of less than 0.50 percent or use alternative mitigation technologies.The ICS guidance incorporates the latest IMO decisions addressing issues such as fuel oil non-availability reporting, fuel safety and fuel quality.

Kjeld Aabo, Director New Technologies, MAN ES.

Interview: Kjeld Aabo, Director New Technologies, MAN ES

“I think it is very early to project what will be the fuel of the future. I think that it will be much more clear in January 2020 (when the new IMO fuel rules enter force) and we see the direction of fuel costs.”To start, put in perspective the current pressure to reduce emissions in the maritime industry.It all really started at the beginning of the 1990s when the world started discussing that something needed to be done on exhaust gas emissions from marine vessels. We stayed in contact with various regulatory authorities, as we tried to be a part of the conversation in the creation of rules.

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Fuel Futures: Diesel Will Spike on IMO2020

New marine fuel rules to boost diesel prices for at least a year -analystsGlobal prices for diesel and marine fuels should rise by October ahead of a January switchover to new, very low-sulfur marine fuels, and remain higher for at least a year as refiners shift production to make more of the new fuels, analysts said.Marine fuels containing no more than 0.5% sulfur by weight, down from the 3.5% currently used, to power ocean-going vessels will be required for ships without exhaust scrubbers on Jan.

© Olivier Le Moal/AdobeStock

APL Halves Fleet Carbon Emissions

APL announced a 47.4% reduction in carbon dioxide emissions per container transported per km in 2018, compared to 2009.The result follows the Environmental Performance Assessment (EPA) of APL’s 2018 carbon dioxide emission data by the global non-profit organization Business for Social Responsibility’s (BSR’s) Clean Cargo Working Group (CCWG). The Clean Cargo EPA data was verified by Lloyd’s Register Group according to the Clean Cargo verification protocol and principles of ISO14064-3:2006 standard.Looking forward to the 2020 Global Sulfur Cap…

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Chevron Readying IMO-Compliant Fuel

Chevron plans to bring an IMO-compliant 0.5% sulphur shipping fuel blend to the market by the end of the third quarter, a company representative said on Wednesday.Ships will be required to use fuels with a sulphur content of no more than 0.5% from the start of 2020, down from 3.5% currently, under International Maritime Organization (IMO) rules aimed at cutting air pollution."If the shipping company is willing to try it out now we can make it available, but not for continuous purchase," Chevron Fuels Technologist Monique Vermeire told Reuters at an industry conference."I think it will be avail

The 15,000 TEU megaboxer MV SAJIR to be converted to methane for operation (©Hapag-Lloyd)

Marine Fuel: World First for Megaboxer MV Sajir

"With the conversion of SAJIR, we are the first shipping company worldwide to convert a container vessel of this size to natural gas propulsion."  Richard von Berlepsch, Managing Director Fleet Management at Hapag-LloydIn its more than 170 years of existence, the Hamburg-based Hapag Lloyd  has used all kinds of solid and liquid fuels to generate energy for the propulsion of its ships. And now the shipping company has announced that it intends to convert the propulsion system of its 15…

Image: BP

Bunker Fuel Mkt to Reach $273bln by 2025

The global bunker fuel market, which was valued at $137.21 billion in 2017, is expected to reach $273.05 billion by 2025, growing at a CAGR of 9.4% during the forecast period, 2018-2025.Increased offshore hydrocarbon exploration activities in offshore destinations and growth in marine trade due to rise in import-export activities contribute to the overall growth of the global bunker fuel market, said a report published by Allied Market Research.However, stringent government regulations…

File Image: AdobeStock / © 14KT Gold

Marine Fuel Rules to Disrupt Markets for 1-5 years

The marine industry's January 2020 shift to using very low sulfur fuel oil (VLSFO) to power ships worldwide will launch a one- to five-year disruption in oil and refined products markets, according to a study released Thursday by Boston Consulting Group.The International Maritime Organization (IMO)'s mandated switch will require fuels to have a sulfur content below 0.5%, compared with 3.5% now. It aims to improve human health by reducing air pollution from sea-going vessels.The changeover may increase profits for refiners, especially on the U.S.

Photo: Jan De Nul Group

Jan De Nul Launches Low Emission Vessel

Jan De Nul Group launched its fourth Ultra-Low Emission vessel last week in Singapore. It concerns the 6,000 m³ Trailing Suction Hopper Dredger Sanderus built at the Keppel Offshore & Marine shipyard.This green vessel is the first of two identical medium-sized hopper dredgers under construction at Keppel O&M’s shipyard in Singapore, fitted with a two-stage filtering technique for exhaust gases.In total, Jan De Nul Group designed six Ultra-Low Emission vessels (ULEvs) for its fleet: five Trailing Suction Hopper Dredgers and one Offshore Jack-Up Installation Vessel, the Voltaire.

Picture Credit: Tom Fisk/Pexels

Onboard Fuel Compatibility Testing is Growing

Parker Kittiwake is witnessing an increase in demand for onboard fuel compatibility testing.The trend reflects the urgency in the market as shipowners and operators take a more deliberate and proactive approach to mitigating the risks of potential marine fuel oil incompatibility and stability issues associated with the impending 2020 global sulphur cap regulation.With the majority of shipowners expected to opt for very low sulphur fuels of 0.5% or less to achieve compliance, the shipping industry is seeing a rise in new blended fuels appearing on the market.

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Diesel Traders: Shortage is Coming

Gasoil traders expect the middle distillates market to stay well supplied until almost the end of 2019 before swinging into deficit with the introduction of new maritime fuel regulations.Calendar spreads for low-sulphur gasoil delivered to Europe's Amsterdam-Rotterdam-Antwerp hub are currently in contango through until October before shifting to backwardation from November onwards.In futures markets, contango structures, where future contract prices are higher than front-month prices, are associated with expectations of adequate or rising inventories.